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Freehold Mixed-use Investment Portfolio In Cardiff For Sale

Cardiff, UK
Asking Price:
£920,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

Substantial freehold mixed-use investment opportunity comprising four A3 commercial properties and four first-floor apartments on a popular Cardiff thoroughfare with good footfall.

The commercial accommodation includes three occupied restaurant businesses across four units, including one double unit, with the businesses unaffected by the sale. Four apartments provide additional residential rental accommodation and are individually let, mostly on Assured Shorthold Tenancy Agreements.

The investment currently provides a 7.40% return, with scope for uplift. Rear lane access is also available. Confirmation of funds is required before an accompanied viewing can be arranged.

Property Information

Property:

Freehold

Lease Terms:

The commercial units are occupied by existing restaurant businesses, while the four apartments are individually let, mostly on Assured Shorthold Tenancy Agreements. Further tenancy and lease terms are not provided.

Location:

Situated on Whitchurch Road in Cardiff, a popular commercial thoroughfare benefiting from good footfall. The property forms a parade of restaurant premises with residential apartments above.

Premises Details:

Substantial mixed-use freehold investment portfolio comprising four A3 commercial properties and four first-floor apartments.

The commercial element comprises four units, including one double unit, currently occupied by three restaurant businesses. All existing businesses are unaffected by the property sale.

The four first-floor apartments are individually let, mostly under Assured Shorthold Tenancy Agreements. The property also benefits from rear lane access.

Planning Consent:

Four A3 commercial properties.

Business Operation

Expansion Potential:

The investment currently produces a 7.40% return with scope for rental uplift.